Australian Banks Block Cryptocurrency Payments
The National Australia Bank has joined Australia’s four major banks in blocking payments to cryptocurrency exchanges. The reluctance of banks to work with crypto exchanges and firms is a result of the Australian government’s increased crypto scrutiny. National Australia Bank Ltd (NAB) has joined Australia’s other prominent banks blocking payments to high-risk cryptocurrency exchanges, including […]
Binance Introduces New Feature
Binance has formally announced a new feature that enables users to obtain multiple deposit addresses for a single network. The largest cryptocurrency exchange in the world, Binance, has formally announced a new feature that enables users to obtain multiple deposit addresses for a single network. It is initially accessible for assets on the Ethereum network […]
Ripple Claims U.S. Banks Desire to Adopt XRP
After a recent ruling, Ripple’s General Counsel stated that US banks would contemplate adopting XRP for cross-border settlements. In its lengthy battle against securities law violations, blockchain startup Ripple scored a significant victory against the U.S. Securities and Exchange Commission (S.E.C.) last week. Now that Ripple’s native cryptocurrency X.R.P. is no longer classified as a […]
US SEC v. LBRY: Final Judgment Issued
The LBRY judgment has implications for Ripple and Coinbase, and raises concerns regarding securities classification and SEC defenses. The United States District Court for the District of New Hampshire has issued its definitive judgment in the case of Securities and Exchange Commission (SEC) v. LBRY, Inc. The Court has determined that LBRY, Inc. violated Section […]
Bitcoin Price Maintains $30k Support
Support at $30,000 remains essential for Bitcoin, with a possible increase to $33,000 and then a $38,000 price. The Bitcoin price rises above $30,000 as crypto market consolidation intensifies. On the other hand, investors eagerly await the publication of the US Consumer Price Index (CPI), a reputable indicator of inflation. This index will help the Federal Reserve […]